NIOC: Iran ready to raise oil output to 4m b/d depending on demand

05 September 2016, Singapore — Iran is ready to raise its oil production to 4 million barrels per day (b/d) in the next two to three months depending on market demand, a senior official from the National Iranian Oil Company (NIOC) said on Monday. “We can increase crude production based on market requirement,” Seyed Mohsen […] More »